Tax treatment of waste and losses on income and sales tax regimes

This paper addresses fundamental notions regarding waste and losses and their treatment in both the Income Tax Law and the Peruvian General Sales Law (a.k.a. V.A.T.). Likewise, several reports issued by the Peruvian Tax Administration were used to define waste and losses and determ...

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Detalhes bibliográficos
Autores: Belito Soto, Haydee, Burga Muñoz, Diana Mireya
Tipo de documento: artigo
Estado:Versão publicada
Data de publicação:2021
País:Perú
Recursos:Universidad Femenina del Sagrado Corazón
Repositório:Revistas - Universidad Femenina del Sagrado Corazón
Idioma:espanhol
OAI Identifier:oai:revistas.unife.edu.pe:article/2476
Acesso em linha:https://revistas.unife.edu.pe/index.php/lumen/article/view/2476
Access Level:Acceso aberto
Palavra-chave:Tributos, mermas, desmedros, gastos deducibles, legislación tributaria
Taxes, waste, losses, deductible expenses, tax legislation
Descrição
Resumo:This paper addresses fundamental notions regarding waste and losses and their treatment in both the Income Tax Law and the Peruvian General Sales Law (a.k.a. V.A.T.). Likewise, several reports issued by the Peruvian Tax Administration were used to define waste and losses and determine what may classify as deductible expenses. Finally, general aspects regarding waste and losses stipulated in the legislations of other countries are detailed in depth applying Comparative Law methods.